business-aligned technology strategy

Institute for Manufacturing, 17 Charles Babbage Road, Cambridge, UK, CB3 0FS Tel: +44 (0)1223 766141; Fax: +44 (0)1223 464217; Email: [email protected]; www.ifm.eng.cam.ac.uk Business-aligned technology strategy Technology managers are often faced with the need to make strategic decisions on what technologies they should invest in and how they should be managed, individually and as a portfolio. It is important for these decisions to be made within the wider context of business’s overall strategy. Deliverables The intended outcomes: - A modular and agile approach to technology strategy - Practical support to STIM member companies. Dr Imoh Ilevbare [email protected] Strategic Technology and Innovation Management Programme 2017 Strategic direc+on and planning Strategic balance Strategic compe++ve posi+oning Technology strategy Technology Strategy Assessment Customised technology strategy process Direc1on & planning Balance Compe11ve posi1oning Step 1: Assessment Iden.fy most pressing issues in your technology strategy Step 2: Customisa.on Design a tailored process to speciﬁcally address the issues Step 3: Delivery Carry out the process through a series of workshops Further work/engagement This project will be extended into the 2018 programme to give opportunity for existing and new company interests in testing the approach to be further explored and advanced. Aim To test a modular (and customisable) approach to Technology Strategy through engagement with STIM member companies. The modules are meant to address (using the scalable toolkit platform concept) specific issues within technology strategy in alignment with product/process innovation and business objectives. Technology strategy modules dependency matrix 1. Iden(fying/understa(ng future customer needs 2. Trend s & drivers analysis 3. Technology emergence & disrup(on understanding 4. Core technology/competence assessment 5. Iden(fying priority technologies (porBolio selec(on) 6. PorBolio balancing & alignment 1. Iden(fying/understa(ng future customer needs ¤ ¤ ¤ 2. Trends & drivers analysis ¤ ¤ ¤ 3. Technology emergence & disrup(on understanding ¤ 4. Core technology/competence assessment ¤ ¤ 5. Iden(fying priority technologies (porBolio selec(on) ¤ 6. PorBolio balancing & alignment ¤ ¤ Is an input for

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Institute for Manufacturing, 17 Charles Babbage Road, Cambridge, UK, CB3 0FSTel: +44 (0)1223 766141; Fax: +44 (0)1223 464217; Email: [email protected]; www.ifm.eng.cam.ac.uk

Business-aligned technology strategy

Technology managers are often faced with the need to make strategic decisions on what technologies they should invest in and how they should be managed, individually and as a portfolio. It is important for these decisions to be made within the wider context of business’s overall strategy.

DeliverablesThe intended outcomes:

- A modular and agile approach to technology strategy

- Practical support to STIM member companies.

Dr Imoh Ilevbare

[email protected]

Strategic Technology and Innovation Management Programme 2017

Strategicdirec+onandplanning

Strategicbalance

Strategiccompe++veposi+oning

Technologystrategy

Technology*Strategy*

Assessment'

Customised*technology*strategy*process'

Direc1on'&'

planning'

Balance'

Compe11

ve'

posi1

oning''

Step%1:%Assessment%Iden.fy%most%pressing%issues%in%your%technology%strategy%

Step%2:%Customisa.on%Design%a%tailored%process%to%specifically%address%the%issues%

Step%3:%Delivery%Carry%out%the%process%through%

a%series%of%workshops%

Tes1ng'the'modular'approach'to'technology'strategy!

Further work/engagementThis project will be extended into the 2018 programme to give opportunity for existing and new company interests in testing the approach to be further explored and advanced.

AimTo test a modular (and customisable) approach to Technology Strategy through engagement with STIM member companies.

The modules are meant to address (using the scalable toolkit platform concept) specific issues within technology strategy in alignment with product/process innovation and business objectives.

Technologystrategymodulesdependencymatrix

1.Iden(fying/understa(ngfuture

customerneeds

2.Trends&driversanalysis

3.Technologyemergence&

disrup(onunderstanding

4.Coretechnology/competence

assessment

5.Iden(fyingprioritytechnologies

(porBolioselec(on)

6.PorBoliobalancing&alignment

7.Planning(visioning,alignment&